Requotes in Forex: 7 Powerful Ways to Avoid & Trade Smarter

I still remember my first encounter with requotes—it was frustrating! I had spotted the perfect trade setup, clicked to execute, and boom—a message popped up: “Requote.” By the time I accepted the new price, the opportunity was gone. At first, I thought it was bad luck, but soon, I realized that requests happen due to market volatility and slow execution. Learning how to avoid them changed my trading game. If you’ve ever faced this issue, don’t worry—there are ways to minimize requotes and trade smarter! Let’s dive into how you can avoid this common forex challenge.

Requotes in Forex: My Frustrating Experience and How I Overcame It

Forex trading is exciting, but it can also be frustrating. Imagine this: You place a trade at a specific price, but instead of executing immediately, you receive a different price from your broker. You feel helpless as the price moves against you, and your planned trade slips away.

This is called a requote, and it happens to traders worldwide. Beginners and even experienced traders face this issue. Many believe brokers manipulate their trades, while others think it’s bad luck. But is it? Understanding why requotes happen and how to prevent them can help you stay in the game and grow your profits.

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Understanding the Problem

A requote occurs when a trader places a market order, but the broker cannot execute it at the requested price due to rapid market movement. Instead, the broker offers a new price, forcing the trader to accept or reject the latest quote.

This happens for several reasons. One primary reason is market volatility. The forex market moves fast, and sudden price swings can make it difficult for brokers to execute orders at the original price. Another reason is liquidity issues. When there aren’t enough buyers or sellers at the requested price, brokers must adjust the price to match available liquidity.

Solutions to Avoid Requotes

Requotes can be frustrating, mainly when they cause you to miss profitable trades. To minimize requests and execute trades more efficiently, traders should implement better strategies and choose the right trading conditions. Below are practical ways to avoid requotes and improve trading execution.

Use a Fast and Reliable Internet Connection

A slow internet connection can cause delays between your order placement and execution, increasing the chance of requotes. Ensure you have a high-speed and stable internet connection, especially when trading during high-volatility periods.

Choose an ECN Broker

Requotes often occur with market maker brokers who manually execute trades. Electronic Communication Network (ECN) brokers connect traders directly to liquidity providers, reducing the chances of requotes. ECN brokers offer better transparency and faster execution.

Trade During High-Liquidity Periods

The forex market has different levels of liquidity throughout the day. The London and New York sessions have the highest liquidity, reducing the likelihood of requotes. Avoid trading during low-liquidity periods, such as late Asian sessions, where price slippage is more common.

Use Limit Orders Instead of Market Orders

Market orders are more susceptible to requotes since they execute at the best available price, which may change quickly in volatile conditions. Limit orders allow traders to specify the exact price at which they want to enter a trade, avoiding unwanted price changes.

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Adjust Your Slippage Tolerance

Some trading platforms allow you to set a slippage tolerance, which defines the acceptable price range for executing an order. Increasing the slippage tolerance gives your broker more flexibility to execute trades without sending a requote. However, be cautious, as higher slippage tolerance may result in slightly different execution prices.

Avoid Trading During Major News Releases

Economic events like interest rate decisions, employment reports, and inflation data can cause extreme market fluctuations. Spreads widen significantly during these events, increasing the likelihood of requests. If you must trade news events, consider using pending orders to control execution prices more effectively.

Pro Tips for Advanced Traders

Advanced traders know that minimizing requotes is essential for smooth and efficient trading. A Virtual Private Server (VPS) can help reduce latency, ensuring faster order execution, especially for scalpers and algorithmic traders. Additionally, choosing a well-regulated broker with transparent pricing prevents issues like spread manipulation or execution delays. Some traders also opt for fixed spread brokers to reduce requotes during normal market conditions, though spreads may widen during high volatility. By staying informed, optimizing execution speed, and selecting the right broker, traders can significantly enhance their trading performance and avoid unnecessary requotes.

Use a Virtual Private Server (VPS)

A VPS helps traders minimize latency, ensuring faster and more reliable trade execution. This is especially beneficial for those using automated trading systems or scalping strategies, where every millisecond counts. Hosting your trading platform on a VPS reduces the risk of requests caused by slow internet connections or local hardware issues.

Monitor Broker Behavior

Not all brokers operate transparently. Some may widen spreads, delay the execution, or manipulate prices during high-volatility periods, leading to frequent requotes. To avoid this, trade with a well-regulated broker that provides stable pricing and executes orders efficiently, even during market fluctuations.

Consider Trading with Fixed Spread Brokers

Fixed spread brokers can offer more stability, reducing the likelihood of requotes during normal market conditions. However, it’s important to note that even fixed spreads may temporarily widen during significant news events or extreme volatility. Weigh the pros and cons of fixed vs. variable spreads to choose the best option for your trading style.

By implementing these strategies, traders can significantly reduce requotes and ensure smoother trade execution. Selecting the right broker, optimizing trade execution speed, and staying informed about market conditions are essential for consistent forex trading success.

Frequently Asked Questions About Requotes

Many traders struggle with requotes, often feeling like the market is working against them. However, understanding why requotes happen and how to manage them properly can significantly improve trading results. Below are common questions traders ask about requotes and practical answers to help them avoid execution delays.

Why do requotes happen?

Requotes occur when the price changes when you place a trade and the broker executes it. This happens due to high market volatility, slow internet connections, or dealing desk brokers manually approving orders.

Solution:

Use an ECN broker to avoid manual execution delays.
Trade during high-liquidity sessions.
Ensure you have a fast and stable internet connection.

Can brokers manipulate requests?

Regulated brokers must follow strict rules and cannot legally manipulate requotes. However, some market maker brokers intentionally delay execution or widen spreads to cause requotes.

Solution:

Trade with a well-regulated broker.
Compare spreads and execution speeds between different brokers.
Use trading platforms with fast execution speeds.

What tools can help me avoid requests?

Several tools can help traders minimize requotes and execute trades more efficiently.

Useful tools:

VPS (Virtual Private Server) – Reduces execution delay.
Limit Orders – Ensures entry at a specific price.
Slippage Control Settings – Adjusts the acceptable price deviation.

Is requoting common in all trading platforms?

Requotes are more common in platforms using market makers than ECN or STP (Straight Through Processing) brokers. Some brokers offer low-latency execution systems to reduce requests.

Solution:

Choose an ECN or STP broker for direct market access.
Use a trading platform with fast execution speeds.
Test different brokers on a demo account before trading live.

Conclusion

Requotes are common in forex trading and are often caused by market volatility, liquidity shortages, and manual execution delays. To minimize requotes, traders should use fast internet connections, choose ECN brokers, trade during high-liquidity periods, and use limit orders instead of market orders. Monitoring broker behavior and avoiding news trading can also help reduce requotes.

With tools like VPS, slippage control, and limit orders, traders can improve execution speed and minimize requotes. Mastering trade execution ensures better performance and long-term success in forex trading.

“Have you ever experienced a request that affected your trade? Share your experience in the comments below. Let’s learn from each other and improve our trading strategies!”

Recommended Next Steps

Learn how to use limit orders to avoid requotes.
Test different trading platforms for the best execution speeds.
Choose a well-regulated broker to minimize requotes.
Keep track of economic news to avoid trading before high-impact events.
Use a trading journal to analyze past trade executions and improve future decisions.